Bitcoin is trading above $88,000 after several failed attempts to break $89,500 and earlier rejections near $94,500, while its market capitalization stays above $1.750 trillion. ZEC has recorded another double-digit price increase to above $450, as major altcoins such as Ethereum, XRP, ADA, DOGE, HYPE, CRO, UNI, and CC also post notable daily gains.

On December 20, 2025, performance data showed gold and silver-focused funds led 2025 rankings. Franklin Gold and Precious Metals Fund returned 184.33%, with multiple UK and EU strategies posting gains above 150%. Record gold above $4,300/oz and silver crossing $60/oz were cited as drivers, alongside easing-rate expectations and macro uncertainty.

On December 19, 2025, the U.S. SEC filed proposed final consent judgments in the Southern District of New York against Caroline Ellison, Gary Wang, and Nishad Singh. The trio consented, without admitting or denying, to permanent antifraud injunctions under Section 17(a), Section 10(b), and Rule 10b-5, plus five-year conduct-based limits and multi-year officer/director bans tied to alleged misuse of FTX customer funds.

On December 20 2025, the Delaware Supreme Court reversed a 2024 ruling and reinstated Elon Musk's $56 billion Tesla compensation plan from 2018, returning 303 million shares valued at about $150 billion. The decision leaves Tesla to determine the fate of a newer pay proposal that could have reached $1 trillion, while awarding $54.5 million in legal fees to the shareholder plaintiff's attorneys.

Bernstein said Nvidia is trading at 25x forward earnings, putting it in the 11th percentile of its 10‑year valuation range and about a 13% discount to the PHLX Semiconductor Sector Index. The firm maintained an outperform rating with a $275 price target, noting shares are up 34% in 2025 while the PHLX Semiconductor Index has gained 41%.

For the second consecutive month, the crypto market has fallen, with a near 30% correction since early October totaling about $1.2 trillion in capitalization, according to Volodymyr Nosov. He attributes the decline to institutional repositioning, macro headwinds, leverage washouts on October 10, regulatory adjustments, and a changing market structure, and expects a return to stability in the first half of 2026.

ETF activity and blockchain metrics now point to sharply different setups for Bitcoin, Ethereum, and XRP heading toward 2026. Bitcoin has moved into a historically discounted valuation zone, Ethereum is seeing large withdrawals from exchanges despite ETF outflows, and XRP’s spot ETFs have built over $1.16 billion in assets. These contrasting signals suggest capital is rotating selectively among the three major assets instead of flowing uniformly into the crypto market.

Updated December 20 2025 12:38 AM UTC, DraftKings launched DraftKings Predictions, a standalone app and web platform for trading on real‑world outcomes. According to DraftKings, the CFTC‑regulated service is live in 38 states, connects to CME Group, and initially lists sports and financial markets, with expansion to entertainment and culture planned.